Stock Market & Financial Investment News

Brady sees FY13 EPS at lower end of $2.20-$2.40 guidance, consensus $2.28The company said, “We anticipate continuing pressure on organic sales for the remainder of fiscal 2013 as the global macro-economy remains sluggish. Based on what we see for the remainder of the year, and including 5c-7c of anticipated earnings from PDC as well as some savings from restructuring activities in the fourth quarter, we expect earnings per diluted Class A Common Share to be towards the lower end of our prior guidance of between $2.20-$2.40, exclusive of non-routine items, restructuring charges, and other items, for our full-year fiscal 2013, with the fourth quarter being stronger than the third quarter."